Capitalizing on Opportunities in Emerging Countries Key for Global Food Certification Market

Transparency Market

Research

Food Certification Market - Global Industry Analysis, Size, Share,

Growth, Trends, and Forecast 2015 - 2021

Published Date

08-09-2015

95 Page Report

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Press Release

Global Food Certification Market Propelled by Increasing Consumer

Awareness about Health Certification; Market to Reach US$16.0 bn by

2021

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Food Certification Market

REPORT DESCRIPTION

Food safety has emerged as a major concern in recent years, with outbreaks of foodborne diseases and

scandals involving counterfeit products arising in several parts of the world. Food certification has thus

become more important than ever. The effective and organized food monitoring systems put in place

through food certification procedures help reduce the prevalence of foodborne diseases and ensure that

genuine and safe food is being sold to the consumers. Food certification is also particularly important with

regard to imported food, since the production standards in the exporting country may differ from those in

the importer.

Global organizations such as the WHO have expressed solid support to food certification systems. This has

been a major factor propelling the global food certification market in recent years. The rising awareness

among consumers across the world about food certification procedures has also aided the market

massively, as many governments have passed laws mandating food certification. According to

Transparency Market Research, the global food certification market is expected to exhibit a sturdy 5.30%

CAGR from 2015 to 2021, rising in valuation from US$11.2 bn in 2014 to a projected US$16 bn by 2021.

Increasing Purchasing Power, Awareness of Consumers Drives Food Certification Market

As mentioned before, the increasingly...